Monday, September 16th, 2019
5 ways to lower your EMI with CASHe
Be it a small or big loan, the burden of paying an EMI can be overwhelming. People take a loan for various reasons such as buying a new asset, to cover marriage expenses, to buy a flight ticket, to repair the house or the car. The money is generally used in a fraction of second but the EMIs last longer than we realize. With CASHe you can lower your EMIs by pulling these small tips:1. Opt for long term tenure:
Your amount of monthly EMI will go significantly low if you opt for a longer duration. This will give you a breather and won’t affect your other financial goals.
|Tenure||60 days||180 days|
|Loan Amount||₹ 25,000||₹ 25,000|
|EMI||₹ 12,500||₹ 4,166|
If you take a loan for 60 days of INR 25,000 you will have to pay INR 12,500 in a month. Whereas if your duration is 180 days, you will end up paying INR 4,166 in a month. The burden of paying the EMI will be less in this case.2. Shift your tenure:
CASHe’s gives an option to shift your tenure. You can shift your tenure from 15 days to 30 days, or 90 days or 180 days once you clear your outstanding previous loan.3. Change in loan request:
After requesting a certain amount for a particular duration you can always change your request until and unless you have got the final approval. In the case of final approval, you can contact firstname.lastname@example.org. Avoid late charges:
The whole point of taking a loan is to have extra cash during a certain situation if you take a loan you don’t want to end up spending more on paying the processing charges.5. Compare the loans:
CASHe has an entire FAQ section, where you can find all the details related to the loan. It is a must to study about the loan options and services offered before you avail for a personal loan.